IVV Attracts $10.1 Billion; Dividend ETFs See Big Inflows

The iShares Core S&P 500 ETF (IVV) pulled in $10.1 billion, boosting its total assets under management to $560 billion, according to etf.com daily fund flows data. The inflows came despite the S&P 500 slipping 0.2% on Thursday as Wall Street’s comeback attempt faltered following the Federal Reserve’s forecast of two interest rate cuts in 2025.

Dividend-focused ETFs saw strong demand, with the Schwab US Dividend Equity ETF (SCHD) attracting $7.4 billion and the Vanguard High Dividend Yield Index ETF (VYM) pulling in $3.7 billion. The First Trust Rising Dividend Achievers ETF (RDVY) collected $3 billion, adding 18.5% to its total assets.

On the outflows side, the Vanguard Growth ETF (VUG) saw the largest redemptions at $1.8 billion. The VANGUARD S&P 500 etf (VOO) lost $1.2 billion, while the Vanguard Dividend Appreciation ETF (VIG) experienced outflows of $1.2 billion.

U.S. equity ETFs dominated asset classes with $33.6 billion in inflows, while international equity funds gained $1.2 billion. Overall, the ETF industry saw $36.2 billion in total net flows, adding 0.3% to the industry’s $10.6 trillion in assets under management.

Disclaimer: All data as of 6 a.m. ET the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.